Data from the Central Bank of Nigeria has shown that Nigeria spent about $54 million in debt servicing in May 2024, the ...

Data obtained from the Central Bank of Nigeria (CBN), has reveals that Nigeria's external debt service payments in May 2024 amounted to $854 million, the highest monthly debt service payment in four ...

Last January the Central Bank of Nigeria said it had paid $2 billion in foreign exchange liabilities across various sectors ...

Posts on Facebook have claimed that the Central Bank of Nigeria (CBN) is set to withdraw the licences of three banks – Unity, ...

Despite the Central Bank of Nigeria (CBN) monetary policy tightening, Nigeria's currency in circulation surged to an all-time high of N3.97 trillion in May 2024, resulting in a N314.6 billion increase ...

In March 2002, the acquisition of Access Bank was finalised, and Aig-Imoukhuede and Wigwe were approved by the Central Bank of Nigeria (CBN) to take on the roles of Managing Director and Deputy ...

The Central Bank of Nigeria CBN has announced that it has revoked the operating licence of Heritage Bank Plc with immediate ...

The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc with immediate effect. The apex said the ...

Nigeria's Fidelity Bank said on Thursday it would raise a total of up to 127.1 billion naira ($87.66 million) via a rights issue and a public share offering to comply with a new minimum capital ...

Shares in Nigeria’s mid-sized lender Fidelity Bank Plc fell by the most in more than a month after it announced advisors for ...

Heritage Bank Plc has become the first lender to collapse after stringent capital requirement measures were introduced by Nigeria’s central bank just over two months ago. The Central Bank of Nigeria ...